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Trading Tech

The Case for Consolidated Market Feeds

In this age of low-latency direct feeds, consolidated market feeds such as the CTS, CQS and Opra are viewed more as necessary evils than sexy must-haves. Yet not only do these feeds remain basic essentials for firms to gain a consolidated view of an…

A New Paradigm for Data Strategies

With capital markets facing a stream of new data that is growing in complexity, density and speed by the day, outsourcing underlying technology is one option for firms designing data strategies that encompass a broad spectrum of requirements. By Sinan…

Shanghai Wind Unveils Economic Database

China-focused data vendor Shanghai Wind Information has rolled out a new bilingual database of macro-economic data covering major industry sectors in China, as part of a push to attract more international data consumers.

TMX Makes Final Quantum Leap

TORONTO-TMX Group, operator of the Toronto Stock Exchange (TSX) and the Montréal Exchange (MX), is now trading solely on its new platform, Quantum, say exchange officials.

Bursa Malaysia Takes DMA Live

KUALA LUMPUR-Bursa Malaysia has implemented its second direct market access (DMA) gateway for its derivatives market, but is experiencing delays in migrating cash equities onto a new platform, say exchange officials.

Nyfix to Release 'Integrated' Ioinet

NEW YORK-Global crossing network provider Nyfix hopes to release within the next six months the integrated version of the Ioinet platform, which Nyfix acquired when it purchased indications of interest (IoIs) network provider Fixcity earlier this year,…

Omgeo to Expand CTM to Derivatives, FX

NEW YORK-Post-trade utility Omgeo plans to offer support for exchange-listed derivatives and foreign exchange (FX) trades on its automated settlement platform Central Trade Manager (CTM) by mid-2009, Omgeo officials tell DWT .

Thomson Reuters Averts IM Shutdown

Thomson Reuters last week migrated its instant messaging service to a new compliance engine from Global Relay, a Vancouver, BC-based provider of email archiving and compliance software, in time to prevent having to shut down Reuters Messaging after…

SunGard Eyes Europe with GL Buy

NEW YORK-At press time, SunGard officials announced the vendor's intention to acquire controlling interest in Paris-headquartered rival GL Trade for about €400.7 million ($623.9 million), a move observers say bolsters SunGard's global footprint.

Thomson Reuters in Legal Tussle; RM Stays On

NEW YORK-Users of the Reuters Messaging Compliance Manager (RMCM) are running a new logging and archiving engine developed by Thomson Reuters in conjunction with technology partner Global Relay that was deployed last Tuesday to avert the shutdown of…

ITG's Alasdair Haynes: Maintaining the Cross

The Markets in Financial Instruments Directive (Mifid) introduced multilateral trading facilities and systematic internalizers as new routing destinations for the European markets. With the rise of these new venues, what role do the established crossing…

Data Governance Takes Centre Stage

The recent economic downturn has made many firms focus on their internal activities instead of solving problems by buying million-dollar platforms. Data governance is the new buzz word for organizations aiming to improve data quality and reduce risk…

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